observe
Banned
Shut the fukk up..no shyt I'm broke..I just always wondered why people went to check cashing when they rip you for money,,seems dumb to me..
Why do people go to check cashing places?
- Thread starter observe
- Start date
Shut the fukk up..no shyt I'm broke..I just always wondered why people went to check cashing when they rip you for money,,seems dumb to me..
Damn! They're checking/recording everything nowadays :What's next? They're gonna track how many days late you paid a bill?
I've made one late payment on a CC and it's on my credit report 
Late payment on CCs have always been on credit reports from what i remember. When i say bill i mean like a utility bill.
I try hard to keep my credit in the 700's but shyt is hard breh. You gotta stay on top of it. Even if everything is on time, you raise your balance for a few months and sh!t starts trending down
at all these humanoids in here just inferring that banks are your friend/reliable..they're just poverty pimps,at least at check cashing places you know what conditions you're getting into beforehand,unless you're stacking major FIAT notes what exactly is thee benefit of banks anyways,no interest saved&much more likely to actually lose money then gain anything..they hit you with so many fees tis ridiculous never over drafted at all and i still was getting hit with fees left&right,i just pulled all my shyt out of banks years ago..and what happens months later,belly up bailouts while thee country implodes
thy foresight is like i got 4 eyes..
plus,they're fun,never know what fine goods will be sold outside for nice prices..
LA Fisher
Banned
I would have thought you'd come in and argue in the other direction. This is unprecedented for an observe thread.
as people have said, you can't get a mainstream bank account if you are in chexsystem
sometimes you can get an account at a credit union (but not all of them)
some credit unions are small and do not have ATMs or only have one physical location
& that location will have short hours, no drive-thru, etc.
also, you must qualify for membership at a credit union (which isn't THAT hard but still a hurdle)
some of these credit unions charge $5-10/month if you do not maintain a balance of $300 (approx)
there are credit union service centers, but they might delay check cashing or only allow $100 or $200 as a "courtesy"
& sometimes people need the whole check right then-
can't keep going all the way across town to get their money in increments
i'm not saying any of these are huge obstacles
but it is a series of hassles where some people just want to get it over with
so that's where the check cashing places come into play
for an example-
the place i live is 500k+ metropolitan and there are THREE credit unions that take people in chex
two charge $5-10/month plus have extra requirements
the remaining one has a single location that's 20 miles out of the way
so do the math on that one
my advice to people is to deal with cash and money orders until they can get their chexsystems problems resolved
sometimes you can get an account at a credit union (but not all of them)
some credit unions are small and do not have ATMs or only have one physical location
& that location will have short hours, no drive-thru, etc.
also, you must qualify for membership at a credit union (which isn't THAT hard but still a hurdle)
some of these credit unions charge $5-10/month if you do not maintain a balance of $300 (approx)
there are credit union service centers, but they might delay check cashing or only allow $100 or $200 as a "courtesy"
& sometimes people need the whole check right then-
can't keep going all the way across town to get their money in increments
i'm not saying any of these are huge obstacles
but it is a series of hassles where some people just want to get it over with
so that's where the check cashing places come into play
for an example-
the place i live is 500k+ metropolitan and there are THREE credit unions that take people in chex
two charge $5-10/month plus have extra requirements
the remaining one has a single location that's 20 miles out of the way
so do the math on that one
my advice to people is to deal with cash and money orders until they can get their chexsystems problems resolved
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when i was younger and fukked up and overdrafted my checking account by like 800 bucks, i was hittin up the arab store cross town every time i got a check and gettin it cashed out
shyt was kinda fun havin all your money on you right then
shyt was kinda fun havin all your money on you right then
Most banks now a days offer basic free checking. That may mean you are only allowed to withdrawal a certain per month or you won't get interest but it's still free.
If you want to take money out of the ATM every other day or whatever then a check cashing place or a fee based account may be best for you.
If you want to take money out of the ATM every other day or whatever then a check cashing place or a fee based account may be best for you.
observe
Banned
Scottie Simpen
All Star
The government can freeze your account if you owe back child support. Patna of mine had direct deposit and on the day they put it in was the day they froze his shyt.
NYSTATEOFMIND
Superstar
what kind of shiesty job does she do?
because their parents didn't teach them to be fiscally responsible. my parents opened up a bank account for me when i was in middle school. had a debit card by eighth grade. some people are born into different circumstances. also, the k-12 system has a lot to do with it. it's not just sex ed they barely cover, kids never learn about finances until like grade 12 econ and even then they ain't learning shyt.
She works at a daycare but like a small joint and the owners just aren't good business managers.
DUCKED_OFF
Superstar
Cuz they will let u cash anything without doing a full security check and they dont photocopy the id you use
